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WA HB1285
WA HB1285Making financial education instruction a graduation requirement in public schools.
summary
Introduced
01/14/2025
01/14/2025
In Committee
03/07/2025
03/07/2025
Crossed Over
03/05/2025
03/05/2025
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT Relating to making financial education instruction a 2 graduation requirement in public schools; amending RCW 28A.300.468; 3 adding a new section to chapter 28A.230 RCW; creating new sections; 4 and providing expiration dates. 5
AI Summary
This bill mandates financial education as a graduation requirement for public high schools in Washington state, recognizing the critical importance of personal finance knowledge for economic well-being. Beginning in the 2027-28 school year, school districts must provide financial education instruction aligned with state learning standards, and starting with the graduating class of 2031, students must meet these financial education standards to receive a high school diploma. The bill builds upon previous efforts to support financial education, including establishing a public-private partnership in 2004 and adopting financial education learning standards in 2015. School districts are required to offer financial education through various methods such as scheduled classes, online learning, or career and technical education courses, and must publicize these opportunities to students and families. The state board of education will review and monitor financial education offerings, and the financial education public-private partnership will create a statewide implementation plan. The bill includes provisions for individual waivers for students who have recently moved to the state and ensures that charter schools and state-tribal education compact schools are also subject to these requirements. Importantly, the bill will become null and void if specific funding is not provided in the omnibus appropriations act by June 30, 2025.
Committee Categories
Budget and Finance, Education
Sponsors (32)
Skyler Rude (R)*,
Andrew Barkis (R),
Liz Berry (D),
Dan Bronoske (D),
Michelle Caldier (R),
April Connors (R),
Travis Couture (R),
Lauren Davis (D),
Beth Doglio (D),
Carolyn Eslick (R),
Jake Fey (D),
Roger Goodman (D),
Natasha Hill (D),
Cyndy Jacobsen (R),
Michael Keaton (R),
Mark Klicker (R),
Mari Leavitt (D),
Debra Lekanoff (D),
John Ley (R),
Greg Nance (D),
Ed Orcutt (R),
Lisa Parshley (D),
Dave Paul (D),
Gerry Pollet (D),
Cindy Ryu (D),
Tarra Simmons (D),
Mike Steele (R),
Monica Stonier (D),
Jamila Taylor (D),
Steve Tharinger (D),
Joe Timmons (D),
Jim Walsh (R),
Last Action
By resolution, returned to House Rules Committee for third reading. (on 04/27/2025)
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